24 Mcgregor AveMount ArlingtonNJ07856
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mount Arlington at 24 Mcgregor Ave, Mount Arlington, NJ, 07856 generates $0/mo in rent, after a $3,426/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.94% in year one, and rental yield is 0% on a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation builds toward $193,369 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.53 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 07856, Mount Arlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,476 (100%) |
| Owner Occupied HU | 1,574 (63.6%) |
| Renter Occupied HU | 673 (27.2%) |
| Vacant Housing Units | 229 ( 9.2%) |
| Median Home Value | $465,155 |
| Average Home Value | $571,722 |
Housing Distribution
Address Breakdown
Residential
2,526
Single Family
2,048
Multi-Family
478
Businesses
130
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Listed for sale | $699,900 |
| 2007-12-06 | Sold | $436,500 |
| 1999-01-20 | Sold | $214,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-03 | $13895.70 | 4.14% | $682,500 | N/A |
| 2023-08-03 | $13342.88 | 26.80% | $682,500 | 80.17% |
| 2022-08-03 | $10523.06 | 1.54% | $378,800 | N/A |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1950
- Architectural Style: Contemporary
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: 1 Unit, Baseboard - Hotwater, Natural Gas
- Cooling: 1 Unit, Central Air
- Flooring: Tile, Wood
- Interior Features: Central Vacuum, Bathroom, Bedroom
- Exterior Features: Barbecue
- Parking Features: Asphalt, Driveway-Exclusive, Off Street, Detached Garage
Location
- City: Mount Arlington
- State: NJ
- Subdivision: N/A
- Lot Size: 0.53 Acres
- Lot Features: Wooded
- View: Lake/Water View
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected, Natural Gas Connected
- Sewer: Public Sewer
- Water Source: Public, Well
- Road Surface Type: N/A
School Information
- Elementary School: E.decker
- Middle School: Mt.arlngtn
- High School: Roxbury
Listed by: David Scott Mohren • Professional Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3978730
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.